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FILE - In this Aug. 11, 2016 file photo, United States' Michael Phelps celebrates winning the gold medal in the men's 200-meter individual medley during the swimming competitions at the 2016 Summer Olympics, in Rio de Janeiro, Brazil. (AP Photo/Lee Jin-man, File)

Michael Phelps' $2.53 million retirement home is unreal


Michael Phelps just dropped some serious cash on a retirement home fit for an Olympic legend.

The multi-million dollar home is equipped with five bedrooms, 6.5 baths and, of course, a pool, according to Catherine Reagor of the Arizona Republic.

Phelps, who is now the most decorated athlete in Games history, purchased the $2.53 million home in Paradise Valley, Arizona near his training base for Rio de Janeiro.

He reportedly plans to remain in Arizona and work with Bowman as a volunteer assistant at ASU.

Check out the pics here, courtesy of HighResMedia.

The retired 31-year-old superstar is moving in with his fiancée and their first son.

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